Odaily Planet Daily News: Babylon-based Bitcoin re-staking platform SatLayer announced the completion of an $8 million Pre-Seed round of financing, led by Hack VC and Castle Island Ventures, with participation from Franklin Templeton, OKX Ventures, Mirana Ventures, Amber Group, Big Brain Holdings, CMS Holdings, etc. SatLayer co-founder Luke Xie told The Block that the project's initial goal was to raise $4 million, but when it started raising funds in April, the round was oversubscribed within a month. (TheBlock)